Tag: Bank Scam
Part II: COVID-19, fictitious capital and financial crisis
Reading Time: 8 minutes The second part of the analysis of the COVID-19 pandemic, share buy back and fictitious capital: A capitalist effort to survive the financial crisis.
COVID-19, fictitious capital and financial crisis
Reading Time: 7 minutes The COVID-19 isn’t the cause of the quagmire in which capitalism is in at the moment. The pandemic only triggered what was inevitable. An in-depth analysis.
Yes Bank crisis exposed how NPAs are hastening the fall of private banks too
Reading Time: 4 minutes The Yes Bank crisis that drove thousands to uncertainty, proved once more that the private sector banks aren’t immune from NPA-driven major financial crisis
Resist public sector bank privatisation through mergers to save the economy
Reading Time: 7 minutes Nirmala Sitharaman’s decision to merge 10 public sector banks into four big banks is actually a step towards their privatisation, which must be resisted.
The corrupt and the corruption rocks West Bengal
Reading Time: 8 minutes BJP’s dirty politics over scam investigation, especially regarding the Chit Fund Scam of West Bengal will never deliver justice or compensation to victims.
The Jewel Thief: Analysing the PNB Scam by Nirav Modi & Co.
Reading Time: 7 minutes Last week, a shocked India confronted a gigantic banking scam, unprecedented in terms of magnitude and methods employed. A big comprador and crony capitalist, Nirav Modi, who owns a large […]